Equities analysts expect Option Care Health (NASDAQ:OPCH) to report earnings per share of ($0.19) for the current quarter, Zacks reports. Three analysts have provided estimates for Option Care Health’s earnings, with the highest EPS estimate coming in at ($0.18) and the lowest estimate coming in at ($0.20). Option Care Health posted earnings per share of ($0.52) during the same quarter last year, which would suggest a positive year over year growth rate of 63.5%. The company is scheduled to issue its next quarterly earnings report on Tuesday, August 4th.

On average, analysts expect that Option Care Health will report full-year earnings of ($0.38) per share for the current financial year, with EPS estimates ranging from ($0.47) to ($0.33). For the next year, analysts forecast that the firm will post earnings of $0.12 per share, with EPS estimates ranging from ($0.19) to $0.37. Zacks Investment Research’s EPS calculations are an average based on a survey of analysts that that provide coverage for Option Care Health.

Option Care Health (NASDAQ:OPCH) last issued its earnings results on Thursday, May 7th. The company reported ($0.11) earnings per share (EPS) for the quarter, missing the Thomson Reuters’ consensus estimate of ($0.06) by ($0.05). The firm had revenue of $705.44 million during the quarter, compared to analyst estimates of $679.17 million. Option Care Health had a negative net margin of 4.22% and a negative return on equity of 6.75%.

OPCH has been the topic of a number of research analyst reports. Bank of America assumed coverage on shares of Option Care Health in a research report on Wednesday, June 24th. They issued a “buy” rating and a $18.00 target price on the stock. Canaccord Genuity reiterated a “buy” rating and set a $20.00 price target on shares of Option Care Health in a report on Thursday, March 19th. Finally, Zacks Investment Research lowered shares of Option Care Health from a “hold” rating to a “sell” rating in a report on Saturday, June 13th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating, five have given a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $13.85.

Option Care Health stock traded up $0.16 during mid-day trading on Friday, reaching $12.13. The company had a trading volume of 376,100 shares, compared to its average volume of 336,042. Option Care Health has a fifty-two week low of $5.74 and a fifty-two week high of $18.21. The company has a current ratio of 1.59, a quick ratio of 1.22 and a debt-to-equity ratio of 1.53. The company has a market cap of $2.14 billion, a P/E ratio of -11.66 and a beta of 1.30. The business has a fifty day simple moving average of $14.40 and a 200 day simple moving average of $12.59.

In other news, Director Alan Troy Nielsen bought 2,000 shares of the stock in a transaction that occurred on Monday, May 11th. The stock was acquired at an average price of $12.55 per share, with a total value of $25,100.00. Following the completion of the purchase, the director now directly owns 2,000 shares of the company’s stock, valued at $25,100. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. 80.90% of the stock is owned by company insiders.

A number of institutional investors and hedge funds have recently bought and sold shares of OPCH. Victory Capital Management Inc. bought a new stake in Option Care Health in the first quarter valued at $55,000. Zurcher Kantonalbank Zurich Cantonalbank bought a new stake in Option Care Health in the first quarter valued at $57,000. Legal & General Group Plc bought a new stake in shares of Option Care Health during the first quarter worth about $64,000. Oppenheimer Asset Management Inc. bought a new stake in shares of Option Care Health during the first quarter worth about $69,000. Finally, Strs Ohio bought a new stake in shares of Option Care Health during the first quarter worth about $76,000. 22.14% of the stock is owned by hedge funds and other institutional investors.

About Option Care Health

Option Care Health, Inc provides independent home and alternate site infusion services in the United States. It serves patients with acute and chronic conditions. The company is based in Bannockburn, Illinois.

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